Fuel Price Increased in Egypt: How Support is Helping Amid High Costs!

Egypt’s economy is navigating yet another tricky terrain! Despite recent price hikes, the country is still subsidizing fuel costs due to the ever-increasing expense of production and importation.

While the government is trying to balance the budget and also cushioning the blow for everyday citizens, especially when it comes to essentials like diesel, butane gas, and lower-octane gasoline. With a significant portion of these fuels being imported, the subsidies add up to a hefty sum each day.

 

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Fuel Prices See a Rise

The Egyptian Ministry of Petroleum and Mineral Resources has announced new prices for petroleum products, effective Friday, April 11, 2025.

The new prices included all types of gasoline, with the price of (95) octane gasoline rising from 17 pounds to 19 pounds per liter, the price of (92) octane gasoline from 15.25 pounds to 17.25 pounds per liter, while the price of (80) octane gasoline increased from 13.75 pounds to 15.75 pounds per liter.

The price of diesel also increased from 13.50 pounds to 15.50 pounds per liter. Butane gas cylinders also saw a price jump, with household cylinders now costing 200 pounds instead of 150, and commercial cylinders doubling to 400 pounds.

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But That’s Not All…

Despite previous increases, the ministry said these increases come in light of the continued price gap between the cost of production and the selling price, due to rising costs.

The government emphasized its concern for the social dimension and alleviating the burden on citizens, noting that most of the support is directed to diesel, butane gas, and 80/92 octane gasoline.

The slight dip in Brent crude prices hasn’t provided much relief either, only shaving off a tiny bit from the cost of diesel. With global markets still shaky and potential price swings on the horizon, it’s a complex situation.

Boosting Local Production

The Ministry of Petroleum and Mineral Resources affirmed its continued efforts to increase domestic production by providing incentives to production partners in order to reduce dependence on imports and the total cost of petroleum products.

Source: Al Arabiya

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